Spike TV and Lloyd's of London offer astounding $10 million prize for 'indisputable evidence' of Bigfoot

Spike TV and Lloyd's of London is offering the largest cash prize in television history for the person or people who can bring them indisputable evidence of the great northern Sasquatch, also known as Bigfoot.

As part of their new reality television show,'10 Million Dollar Bigfoot Bounty,' the cable network will award its multimillion dollar prize to the team that can first convince a panel of experts on the existence of Bigfoot.

The ten, one-hour-long shows, are currently in pre-production, and the producers have yet to specify what 'indisputable evidence' exactly means. Still, '10 Million Dollar Bitgfoot Bounty' is scheduled to make its premiere in the fall of 2013.

Mystery: A new Spike TV show will award $10 million to anyone who can provide indisputable evidence of Bigfoot.

Spike TV's senior vice president of original series Tim Duffy said that the show never would have been picked up had it not been for Lloyd's generous backing.

'What it signified to us was an opportunity to attract the best scientists, zoologists, trackers and Bigfoot hunters in the world in an attempt to prove or disprove its existence,' Duffy told the Huffington Post.

'No one has ever done anything like this before, and that's what I love about this show,' he added. 'We're going to do this right, not fast, and we're not going to do it purely for entertainment purposes.'

On the Trail: Dozens of organizations and private citizens have taken to finding proof of the mysterious creature.

As far as attempting to prove Bigfoot's existence is concerned, there are a number of notable individuals and organizations already on the trail.

Calling itself 'the only scientific research organization exploring the Bigfoot/Sasquatch mystery,' the group has cataloged hundreds of Bigfoot sightings and conducted many follow-up investigations with the hope of discovering any truths behind the mysterious creature.

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One of their many exhaustive reports reads like this:

'Before getting out of the cart they both saw what appeared to be a 6 ft. tawny colored animal jump from a large tree... Once it cleared the tree, it landed low in the undergrowth with a "tremendous thud” that they heard and felt (The tree is not on the green.) They heard it take a few steps then stop. They were concerned about the size of it as the tree rocked back and forth from the weight of the animal. They both cautiously and quickly played through while they took turns holding their clubs like baseball bats.'

Hard to Explain: Everything from hair to mysterious footprints have been used to justify Bigfoot's existence.

Professor Jeffrey Meldrum of Idaho State University has also spent much of his career tracking Bigfoot. Meldrum is looking to raise $300,000 to build a remote-controlled aircraft with a thermal-imaging camera, hoping to catch footage of the Sasquatch from above.

Meldrum told Fox News, 'The challenge with any animal that is rare, solitary, nocturnal and far-ranging in habitat is to find them and observe them in the wild; this technology provides for that.'

All the while fueling much of the theories that Bigfoot exists are the myriad photographs and video recordings allegedly of Bigfoot.

Perhaps the most well-known shot is from Roger Patterson and Robert Grimlin's film about the creature. Believers say it clearly depicts Bigfoot, while detractors say it is simply a man in an ape costume.

Other caught-on-tape moments include a 2007 sighting reported by a Pennsylvania hunter named Rick Jacobs. Jacobs had managed to catch a picture of the unidentified animal by using a camera mounted to a tree.

Proof? A Pennsylvania hunter took this photograph of what could be Bigfoot. Officials, meanwhile, say it was a bear.

A spokesman for the Pennsylvania Game Commission later said the subject appeared to be a bear with a severe case of mange. But others believe it is a picture of a Sasquatch.

Spike TV is hoping that this kind of curiosity and controversy will not only translate into good contestants but pique the attention of its viewers.

And with $10 million online, they'll likely be treated to more than some blurry photographs.